(a) This chapter shall be known and may be cited as the 'Tennessee Regional Megasite Authority Act of 2007.'(b) A regional authority may be established and created as a regional megasite authority pursuant to this chapter. Section 7-53-104(b) shall apply to a regional megasite authority, which shall have the same powers and authority granted to a corporation under title 7, chapter 53, except as otherwise provided in this chapter. Notwithstanding anything in title 7, chapter 53 to the contrary, in the event of a conflict, this chapter shall control. A regional megasite authority may be established for the purpose of acquiring land, improving, financing, operating, maintaining and marketing a megasite and may be created by two (2) or more participating municipalities; provided, that at least one (1) of the municipalities includes the location of the megasite or may be created by the commissioner of economic and community development in accordance with § 64-6-110.(c) This chapter does not apply to the Megasite Authority of West Tennessee created pursuant to the Megasite Authority of West Tennessee Act of 2021, compiled in chapter 9 of this title.Amended by 2021EX2 Tenn. Acts, ch. not apply to the Megasite Authority of West Tennessee created pursuant to the Megasite Authority of West Tennessee Act of 2021, compiled in chapter 9 of this title.Amended by 2021EX2 Tenn. Acts, ch. 1, s 2, eff. 11/3/2021. Acts 2007 , ch. 426, §1; 2009 , ch. 158, § 1.
Tennessee Legal Code